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Michael had a loan of 80000 kr. The interest rate was 6%. If he payed it back in a year, how much was the interest. How much was the total??​

Michael had a loan of 80000 kr. The interest rate was 6%. If he payed it back in a year, how much was the interest. How much was the total??​
asked 180k views
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Michael had a loan of 80000 kr. The interest rate was 6%. If he payed it back in a year, how much was the interest. How much was the total??​

asked
User Mayank Bhaskar
by
8.3k points

1 Answer

4 votes

Explanation:

6/100=0.06

0.06x80000=...

answered
User James Goodwin
by
7.9k points
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